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By Thorstein Veblen,Jr. Marion Levy

ISBN-10: 0678000484

ISBN-13: 9780678000489

ISBN-10: 1560009225

ISBN-13: 9781560009221

Absentee possession is an inquiry into the commercial state of affairs because it has taken form within the 20th century, rather as exemplified in terms of the United States. in response to Thorstein Veblen, absentee possession is the most and fast controlling curiosity within the lifetime of civilized males. it's the paramount factor among the civilized countries, and publications the behavior in their affairs at domestic and in another country. global warfare I, says Veblen, arose out of a clash of absentee pursuits and the peace used to be negotiated which will stabilize them. half I of the e-book is interested by a precis description of that diversity of financial situations and that series of financial development and alter that led up throughout the 19th century and feature come to a head within the 20th century. half II is an aim, theoretical research of these financial conditions defined within the first a part of the publication. Marion Levy writes in his advent concerning the word "absentee possession" and the way it has a distinct connotation, representing a dismal determine within the economy, a frustration of wanted degrees of self-sufficiency. within the early days, the giants of industrial firm had faces--Rockefeller, Vanderbilt, Ford, Edison--but all of them became faceless bureaucracies, says Levy. The giants would possibly not were great, yet that they had faces and human characteristics. Absentee possession wiped that out for the typical guy. Veblen's booklet is still of significant value to the stories of economics, political conception, and sociology.

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Absentee Ownership: Business Enterprise in Recent Times - The Case of America by Thorstein Veblen,Jr. Marion Levy

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